Genie Energy (GNE) Operating Expenses (2010 - 2026)
Genie Energy (GNE) posted Operating Expenses of $27.1 million for Q2 2026, down 2.87% on a QoQ basis from $27.9 million in Q1 2026, and up 28.2% year-over-year from $21.2 million in Q2 2025.
Analysis
Genie Energy (GNE) Operating Expenses (2010 - 2026) Analysis & Trends
Genie Energy has reported Operating Expenses for 17 years, with the latest figure at $27.1 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 28.2% year-over-year to $27.1 million in Q2 2026; TTM through Jun 2026 was $105.4 million, a 0.52% increase from a year earlier, with the FY2025 full-year figure at $95.3 million, down 30.47% from the prior year.
- Operating Expenses was $27.1 million for Q2 2026 at Genie Energy, down from $27.9 million in the prior quarter.
- The five-year high for Operating Expenses was $32.6 million in Q1 2025, with the low at $17.2 million in Q4 2022.
- Average Operating Expenses over 5 years is $23.9 million, with a median of $23.0 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2026: Operating Expenses surged 43.55% in 2024, then slipped 14.15% in 2026.
- Over 5 years, Operating Expenses stood at $17.2 million in 2022, then soared by 32.41% to $22.7 million in 2023, then increased by 14.04% to $25.9 million in 2024, then increased by 6.64% to $27.6 million in 2025, then decreased by 1.79% to $27.1 million in 2026.
- The last three Operating Expenses figures came in at $27.1 million (Q2 2026), $27.9 million (Q1 2026), and $27.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunoco | 10.38 Bn | 9.61 Bn | 1.46 Bn | 13.68 Bn |
| 2 | Ultrapar Holdings | 7.78 Bn | 6.07 Bn | 912.61 Mn | -284.31 Mn |
| 3 | Bw Lpg | 3.76 Bn | 3.59 Bn | - | -93.05 Mn |
| 4 | World Kinect | 1.81 Bn | 1.61 Bn | 365.10 Mn | 269.10 Mn |
| 5 | Global Partners | 1.79 Bn | 1.75 Bn | 328.94 Mn | 221.58 Mn |
| 6 | Suburban Propane Partners | 1.17 Bn | 1.16 Bn | 160.33 Mn | 259.16 Mn |
| 7 | CrossAmerica Partners | 871.11 Mn | 895.42 Mn | 112.79 Mn | 78.60 Mn |
| 8 | Genie Energy | 454.57 Mn | 253.18 Mn | 33.67 Mn | 27.15 Mn |
| 9 | Star | 417.03 Mn | 309.64 Mn | 162.87 Mn | 98.95 Mn |
| 10 | Uni-Fuels Holdings | 19.48 Mn | 6.94 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.15 Mn |
| Mar 31, 2026 | 27.95 Mn |
| Dec 31, 2025 | 27.64 Mn |
| Sep 30, 2025 | 22.62 Mn |
| Jun 30, 2025 | 21.18 Mn |
| Mar 31, 2025 | 32.56 Mn |
| Dec 31, 2024 | 25.92 Mn |
| Sep 30, 2024 | 25.16 Mn |
| Jun 30, 2024 | 22.02 Mn |
| Mar 31, 2024 | 31.60 Mn |
| Dec 31, 2023 | 22.73 Mn |
| Sep 30, 2023 | 23.20 Mn |
| Jun 30, 2023 | 23.17 Mn |
| Mar 31, 2023 | 22.01 Mn |
| Dec 31, 2022 | 17.17 Mn |
| Sep 30, 2022 | 19.61 Mn |
| Jun 30, 2022 | 18.05 Mn |
| Mar 31, 2022 | 20.15 Mn |
| Dec 31, 2021 | 17.92 Mn |
| Sep 30, 2021 | 17.14 Mn |